Chateau Moulinet, a 16.8 hectare wine estate in Pomerol located close to Chateau de Sales, has been bought by a Beijing investor – his first Bordeaux property purchase. It will now form part of the group of estates jointly run by associates including Jack Ma and Zhao Wei that also comprises négociant house Cellar Privilege.
The property is planted to 97% Merlot and 3% Cabernet Franc, and has been owned by SCEA Armand Moueix since 1971. Once distributed entirely through the JP Moueix stable, today it is sold 80% through the Place de Bordeaux through around 15 different négociant houses. Stéphane Derenoncourt is believed to be staying on as consultant, as he has worked with Moulinet since 2008. Prior to that, the consultant was Denis Durantou, and Jean-Claude Berrouet has also previously made the wine at the estate.
‘This is a significant purchase of a high quality château with huge potential,’ Ken Lee of Cellar Privilege told decanter. ‘We will be keeping on all of the existing team, and will maintain the existing distribution, while increasing the focus on China’.
Decanter understands that there are now 15 Bordeaux chateaux within the group, which does not share ownership but works together for technical direction and distribution.
Translated by Sylvia Wu / 吴嘉溦
All rights reserved by Time Inc. (UK) Ltd. No part of this publication may be reproduced, distributed or transmitted in any form or by any means without the prior written permission of Decanter.
Only Official Media Partners (see About us) of DecanterChina.com may republish part of the content from the site without prior permission under strict Terms & Conditions. Contact firstname.lastname@example.org to learn about how to become an Official Media Partner of DecanterChina.com.